Some Evidence on the Consistency of Banks ’ Internal Credit Ratings

This paper was prepared in cooperation with Mark McCambley and Michael Lavin of Loan Pricing Corporation (LPC). For more information about LPC's Loan Loss Database (LLD) initiatives in North America and Europe, please contact Mark McCambley at 212-489-5455 or mmccambley@loanpricing.com. The lenders participating in the LLD generously shared the LLD with the Federal Reserve on a one-time basis as a contribution to efforts to advance risk-focused banking supervision and capital regulation. The… CONTINUE READING